What happened: Guard Alijah Martin has agreed to a two-year, $4.8 million deal to return to the Toronto Raptors, according to ESPN's Shams Charania. Martin originally joined Toronto as a second-round pick in 2025 and now signs a multiyear agreement to stay with the club.
Why it matters: The deal secures backcourt depth on a cost-controlled contract as Toronto shapes its roster for the 2026-27 season. Retaining a recent second-round selection on a multiyear pact gives the front office continuity and a developmental piece to build around the margins of the rotation.
By the numbers: Terms: two years, $4.8 million. Representation: Todd Ramasar and Jaafar Choufani of Life Sports Agency.
What to watch: Watch how Martin factors into the guard rotation heading into 2026-27 and whether Toronto layers additional backcourt moves around the signing.